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20121202
20121210
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CNN
Dec 10, 2012 1:00pm PST
sudden drop in the price of gasoline? >> three things. one is superstorm sandy took a lot of cars off the road. it really reduced demand for gasoline as you know. until recently there have been a number of gas stations in the northeast still without gas. people after realizing they weren't going to have as easy a time getting gas decided to make other plans it the storm itself took some roads out and took some people off the road. number two, there were some refinery issues in california going on at the same time. they've been resolved. that's put more gasoline online. the third thing, this one's important, crude oil prices, which are really the underlying feedstock for gasoline, crude oil prices have remained low. as we are concerned about the fiscal cliff and a slowdown in the world's economy and in asia and in europe. so these are the three factors that have come together to give us a sustained drop in the price of gasoline almost over the last three weeks, wolf. >> is this a short-term development? what's in store over the longer term? >> we're into that lower driving season. obviousl
CNN
Dec 7, 2012 1:00pm PST
home survives superstorm sandy, but vanishes in the days afterwards. welcome our viewers in the united states and around the world. i'm wolf blitzer. i'm wolf blitzer. you're in "the situation room." -- captions by vitac -- www.vitac.com >>> the united states is now updating plans for a potential strike against syria due to intelligence showing the regime filled aerial bombs with deadly serin gas. barbara starr is getting new information from the pentagon, joining us with the latest. what is the latest on the disturbing development? >> wolf, let's emphasize, updating plans potentially if defense is ordered. for defense secretary leon panet panetta, the priority is to determine serious intent. with the u.s. now believing the syrian government has chemical filled bombs, cnn has learned the pentagon is secretly updating military strike options for president obama in the event he orders action. a senior u.s. official tells cnn a strike could be carried out with the ships and aircraft already stationed in the region. but planning is driven by the latest intelligence, which u.s. offic
Search Results 0 to 1 of about 2